Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.047%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.047%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.062% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PYTHUSDT | 0.06353 | 0.0100 | pay 0.0050% / 4h | 3m 21s | $2.6M | $2.1M | 75x |
| Short | BingX PYTH-USDT | 0.06350 | 0.0100 | get 0.0050% / 4h | 3m 21s | — | $2.8M | — |
Bitget PYTHUSDT
BingX PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.047% → +0.014%
- −$6.16
- Slippage, 4 orders
- −$41.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$69.19
- Costs to cover
- 0.630%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 4 min ago | 2.38 bp | 15.5 bp −$16 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.16 bp | 16.3 bp −$16 | 34.3 bp −$343 | 240.9 bp −$24.1K | 463.2 bp −$231.6K |
PYTH on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PYTHUSD | −0.0397% | 1h | 0.06359 | +0.088% | $388K | $276K | 25x | as long as short |
| Binance PYTHUSDT | −0.0196% | 4h | 0.06353 | 0.000% | $9.1M | $17.3M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0194% | 4h | 0.06351 | −0.031% | $9.5M | $2.4M | 125x | as long as short |
| BloFin PYTH-USDT | −0.0189% | 4h | 0.06312 | −0.645% | $420K | $114K | 75x | as long as short |
| Aster PYTHUSDT | −0.0023% | 4h | 0.06357 | +0.057% | $22K | $44K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06351 | −0.031% | $189K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06361 | +0.126% | $10K | $10K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0032% | 1h | 0.06355 | +0.031% | $23K | — | 3x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.464% | $553 | $220K | 5.5x | as long as short |
| Bybit PYTHUSDT | +0.0040% | 4h | 0.06354 | +0.016% | $7.5M | $4.8M | 50x | as long as short |
Kraken Futures PF_PYTHUSD
Binance PYTHUSDT
MEXC PYTH_USDT
BloFin PYTH-USDT
Aster PYTHUSDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Aevo PYTH-PERP
Injective PYTH/USDC PERP
Bybit PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | +0.0050% | 4h | 0.06349 | −0.063% | $1.1M | $479K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06355 | +0.031% | $201K | $218K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06343 | −0.156% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06362 | +0.143% | $1.9M | $1.6M | 5x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06352 | −0.016% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06358 | +0.079% | $1.5M | $314K | 50x | as long as short |
| Bitget PYTHUSDTlong | +0.0100% | 4h | 0.06353 | long leg | $2.6M | $2.1M | 75x | |
| BingX PYTH-USDTshort | +0.0100% | 4h | 0.06350 | −0.047% | — | $2.8M | — | |
| Variational Omni PYTH | +0.0100% | 4h | 0.06312 | −0.651% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06349 | −0.055% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06336 | −0.268% | $38K | $13K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06353 | −0.002% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0502% | 1h | 0.06332 | −0.331% | $36K | $89K | 10x | as long as short |
Gate PYTH_USDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP